Music Industry in 2012

The music industry in 2012 has changed. There was 4 big Record labels that ran all the smaller ones. This year one got eliminated and there is left with 3.
.Universal
.Sony
.Warner
-EMI got eliminated.

  

A record label is a brand and a trade mark associated with the marketing of music records and music videos. A record label is the company that manages such brands and trademarks, coordinates the production, manufacture, promoting and enforcement of copyright. It maintains contracts with recording artists and their managers.

There is Major labels, which include universal,sony and warner. These are the big Labels that run all the smaller ones and control most of the industry. This means the profit is divided into sections. These labels are mostly mainstream. They have enough money to produce high quality work and to promote the artist better.

There are also Indie Labels which are smaller and mostly undeground. These have a 'niche' audience and mostly work for themselves. This means all the profit is given to the artist themselves because they work solo. The artist is independant. 

Universal have artists like- Elton John, Black eyed peas, Nelly Furtardo

Sony own more than 20 labels- Epic, Jive, Columbia, Rca etc 

They also own 5 indie labels- Indipendiente, GOOD  music, Nick records, Wind up records

 

Warner Research- Warner Bros Records was founded 50 years ago by Jack Warner, the last of the original pioneering Warner brothers, as an offshoot of Warner Bros Studios, which, thirty-two years earlier, had introduced its Vitaphone sound-on-disc system for feature films. The acquisition of Frank Sinatra's Reprise label in 1963 catapulted the company into one of the most dynamic organizations in popular music and throughout the next five decades built a family of labels that today represent a full spectrum of musical genres.